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Tag Archives: Ride Sharing

Toyota, DENSO and SVF to invest US$1 billion in Uber ATG

Uber ATG

The investment aims to expedite the deployment of automated ride-sharing services Toyota Motor Corp., DENSO Corporation and the SoftBank Vision Fund (SVF) have announced an investment of US$1 billion in Uber’s Advanced Technologies Group (Uber ATG). Under the terms, Toyota and DENSO will together invest US$667 million and SVF will …

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Lime receives investment from Uber and Alphabet

Lime co-founders Toby Sun and Brad Bao

Lime is now valued at US$1.1 billion Electric bike- and scooter-sharing service Lime has received US$335 million in investments from a number of companies including Uber and Google’s parents Alphabet. “The new funds will give us the ability to expand our operations globally, develop new technologies and products for consumers …

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Volkswagen to offer “zero-emission” car sharing services in future

The I.D. study as a “shared” Volkswagen

Volkswagen’s car-sharing service will be offered through it’s WE/We platform The Volkswagen brand has announced plans to start offering its customers car-sharing services in future. The news comes at the same time as Renault announced a similar service in conjunction with the City of Paris to provide an electric vehicle …

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Uber starts UberÉLECTRIQUE in Canada

Electrans 20062018 3

Uber teams up with AVÉQ and EMC in support of electrification in ridesharing Uber Canada has launched the UberÉLECTRIQUE programme in Montreal in partnership with l’Association des véhicules électriques du Québec (AVEQ) and Electric Mobility Canada (EMC). At present, there are 100 EV driver-partners on the Uber platform. Uber and …

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